HRTG ==> The Rowdy Roddy Winner

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  • jiesen
    Senior Member
    • Sep 2003
    • 5329

    #16
    Originally posted by jiesen View Post
    this one's getting pretty close! (not the El Nino, I mean)

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    • Websman
      Senior Member
      • Apr 2004
      • 5545

      #17
      Originally posted by jiesen View Post
      this one's getting pretty close! (not the El Nino, I mean)

      My $17.80 shares are looking better every day. If this trend continues, I'll be taking a nice little profit sometime this week.

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      • jiesen
        Senior Member
        • Sep 2003
        • 5329

        #18
        just another quarter, or 1.5% to go, and the 21.8 target is hit!

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        • Websman
          Senior Member
          • Apr 2004
          • 5545

          #19
          Originally posted by jiesen View Post
          just another quarter, or 1.5% to go, and the 21.8 target is hit!

          Cha Ching!

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          • jiesen
            Senior Member
            • Sep 2003
            • 5329

            #20
            Target achieved! Sold half of my shares at 21.8, but since I bought half at 26.5, I'm holding the rest until 30 or so...

            Yet another winner for $$MM!!! He is HUUUUUUUUUUUUUUUGGGGEEEE!!!

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            • jiesen
              Senior Member
              • Sep 2003
              • 5329

              #21
              HRTG never hit my stretch goal of 30 for those extra shares, but has since dropped way down to about $4, which is REALLY cheap for this company, imo. So rather than bail on it like most do with underwater positions, I'm doubling down right here at $4, since according to the analyst projections this still profitable company will make over $0.60 this year, and $0.90 next, which is >100% growth for 2023 and about 50% growth for next year's EPS. For $4.1, I consider it a bargain (even though Florida insurance can be quite volatile). I don't think it'll drop much below $4, unless we see some HUGE hurricanes again this year. I'll sell it all when it gets back to $25 or $30. (and maybe a few shares along the way at $12 or so, just to cover my butt.)

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              • jiesen
                Senior Member
                • Sep 2003
                • 5329

                #22
                You sees? 4.1 was a bargain after all, and now HRTG is trading at over 8.1! Glad I doubled up on this one, and I still think it's going to $25!

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                • jiesen
                  Senior Member
                  • Sep 2003
                  • 5329

                  #23
                  Yep, $25 is getting pretty close now! Took a while, but holding on to HRTG has been well worth it! I'm up nearly 500% now on those $4 shares! I forgot to sell at 12, so maybe 24 is a good exit spot for half of my shares...

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                  • jiesen
                    Senior Member
                    • Sep 2003
                    • 5329

                    #24
                    I decided to take a bit of my HRTG off the table here at 23.5, and will sell another chunk when it gets to 25 either tomorrow or next week. I'll hold onto the other half of it until we see 28-30 on this one.1/4 of the shares already covers all my cost on this, the rest is now all profit!

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                    • BlueWolf
                      Senior Member
                      • Jun 2009
                      • 1089

                      #25
                      Originally posted by jiesen View Post
                      I decided to take a bit of my HRTG off the table here at 23.5, and will sell another chunk when it gets to 25 either tomorrow or next week. I'll hold onto the other half of it until we see 28-30 on this one.1/4 of the shares already covers all my cost on this, the rest is now all profit!
                      Wow! HRTG has been on blast mode since March, but today was incredible. Great trade.

                      Comment

                      • jiesen
                        Senior Member
                        • Sep 2003
                        • 5329

                        #26
                        The blast continues! I got out of another 1/4 of my HRTG today at $25, so am holding the other half for when it gets over $28. Still planning to get that 15% gain from my $26.5 shares!

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                        • jiesen
                          Senior Member
                          • Sep 2003
                          • 5329

                          #27
                          ... and it's now back up to $26! One or two more weeks, I think, and HRTG should see $28 or more!

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